Gold Jun '17 (GCM17)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell to a 2-week low on Thursday and finished down by -0.52%.  The dollar tumbled on Thursday after a weaker-than-expected US June payroll report, which dampened speculation that the Fed will tighten monetary policy anytime soon. The dollar was also under pressure on Thursday after WTI crude fell to a 4.25-month low, which lowers inflation expectations and is dovish for Fed policy.  The dollar found some support after weekly jobless claims unexpectedly declined and after May factory orders fell less than expected.
US Jun nonfarm payrolls rose +57,000, weaker than expectations of +113,000, and May nonfarm payrolls were revised lower to +129,000 from the originally reported +172,000. The Jun unemployment rate unexpectedly fell -0.1 to a 1-year low of 4.2%, showing a stronger labor market than expectations of no change at 4.3%.Â
US Jan average hourly earnings rose +0.3% m/m and +3.5% y/y, right on expectations.
US weekly initial unemployment... Read more
Barchart · Fri Jul 3, 11:28AM CDT
Silver’s price remains above the 1980 high, a long-term technical resistance level that has become critical support. At around $62 per ounce, silver...
Barchart · Fri Jul 3, 10:00AM CDT
When copper is rising, the global economic engine is typically expanding. When it rolls over, a broader economic slowdown is usually right around the corner. Let's...
Barchart · Thu Jul 2, 2:32PM CDT
The dollar index (DXY00 ) fell to a 2-week low on Thursday and finished down by -0.52%. The dollar tumbled on Thursday after a weaker-than-expected US...
Barchart · Thu Jul 2, 2:00PM CDT
Gold has been in a bearish trend since reaching its record high of $5,626.80 per ounce on January 29, 2026. While the short-term chart remains bearish,...
Barchart · Thu Jul 2, 9:35AM CDT
The dollar index (DXY00 ) fell to a 2-week low today and is down by -0.68%. The dollar tumbled today on the weaker-than-expected US Jun payroll report,...
Blue Line Futures · Thu Jul 2, 6:28AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 693)
Barchart · 14 minutes ago
What sparked the wildfire across the commodity complex Sunday night through early Monday morning? Let's ask Barchart's AI analyst, CARL.
Barchart · 18 minutes ago
American Electric Power is scheduled to release second-quarter results later this month, and analysts predict a single-digit growth in the company’s...
Barchart · 45 minutes ago
Selling put options before a company's earnings announcement can be a valid strategy for options traders seeking to capitalize on higher than normal volatility....
Barchart · 54 minutes ago
DexCom is expected to announce its second-quarter earnings soon, and Wall Street expects the company’s EPS to increase by a double-digit percentage.
Barchart · 58 minutes ago
Robinhood Markets is set to release its second-quarter results later this month, and analysts are expecting a double-digit decline in earnings.
Barchart · 1 hour ago
Hershey Company is set to announce its second-quarter earnings soon, and Wall Street expects a double-digit rise in its profits.
Barchart · 1 hour ago
September S&P 500 E-Mini futures (ESU26) are up +0.48%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.10% this morning, pointing to a higher...
Barchart · Mon Jul 6, 4:44AM CDT
Automatic Data Processing is approaching its fourth-quarter earnings release in a few weeks, and Wall Street is forecasting a double-digit percentage rise...